The Lions face New Zealand in the first test of their Tour on Saturday morning and you don’t want to miss this BetStars offer! Simply place a pre-match bet of £20.00 on the Match Result market for New Zealand v British & Irish Lions and if the first scoring play is a Lions try, BetStars will give us a £20.00 free bet. Translated into matched betting terms, this gives us a potential profit of £15.38 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
We need to bet £20.00 pre-match on the Match Result market, to be eligible. If the first scoring play of the match is a Lions try, BetStars will give us a £20.00 free bet.
Having looked at the odds available, I’ve opted to place my qualifying bet on New Zealand.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £19.78…
Place £20.00 on New Zealand @ 1.286 = Potential profit of £5.72
Lay £19.78 on New Zealand @ 1.32 = Potential liability of £6.32
Let’s have a look at our potential profit/loss for the possible outcomes…
| New Zealand win | + £5.72 – £6.32 = £0.60 loss |
| New Zealand don’t win | – £20.00 + £19.38 (£19.78 minus 2% commission) = £0.62 loss |
So, regardless of the outcome, we’ll lose a maximum of £0.62 in qualifying for our potential £20.00 free bet.
If the first scoring play is a Lions try, we’ll receive a £20.00 free bet. By using straightforward matched betting, we should be able to extract 80% cash from our free bet, so £16.00. If we take into account our maximum qualifying loss of £0.62, we stand to make a potential profit of £15.38 on this BetStars offer.
Risking £0.62 to make a profit of £15.38 gives us effective odds of 25.81. So, given that the odds are around 10.00 for a Lions try to be the first scoring play, this is a profitable offer in the long run.
If eligible, free bets will be credited within 24 hours and will be valid for 7 days.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.